ULTRATECH, INC.Separation Agreement • May 20th, 2009 • Ultratech Inc • Special industry machinery, nec
This letter will set forth the agreement we have reached concerning your separation from service with Ultratech, Inc. (the “Company”). You have previously indicated your intention to resign from the Company, and your resignation date will accordingly occur at the close of business on May 14, 2009 (the “Resignation Date”). On your Resignation Date, your employment with the Company will cease, you will no longer be an officer or employee of the Company, and your only remaining service relationship with the Company will be pursuant to the limited consulting arrangement set forth below. Your Resignation Date will also constitute your separation from service date for purposes of Section 409A of the Internal Revenue Code of 1986, as amended (the “Code”).
